NEAR's Road Ahead: Assessing Bullish Trends and Resistance Levels
Saturday, 7 September 2024, 03:00
Current Market Analysis of NEAR
NEAR is currently testing its critical support level at $3.5. The strength of the bullish momentum hinges on breaking key EMAs, which serves as a determinant for future price action.
Resistance Levels and Trading Strategies
- Key EMAs: A breakout above these levels is essential.
- Market Sentiment: Monitoring trader sentiment can provide further insights.
Failure to maintain momentum may prompt a move towards lower levels, particularly the key level of $2.6.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.